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to be done to preserve this last and greatest bastion of freedom. in this present crisis, government is not the solution to our problem, government is the problem. from time to time we've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else? all of us together, in and out of government, must bear the burden. the solutions we seek must be equitable, with no one group singled out to pay a higher price. we hear much of special interest groups. well, our concern must be for a special interest group that has been too long neglected. it knows no sectional boundaries or ethnic and racial divisions, and it crosses political party lines. it is made up of men and women who raise our food, patrol our streets, man our mines and factories, teach our children, keep our homes, and heal us when we're sick -- professionals, industrialists, shopkeepers, clerks, cabbi
we want to be the most talented entrepreneurs in america. we have to make sure the government becomes a partner to the federal gunman becomes a partner of the american people. right now, the presentation i have heard in the last month, or two, in america right now, the inability of cities to do proper transportation planning, law-enforcement planning, investments, because we want to know not only what is happening one year from now but 90 days from now. it is not there because we have got to get our fiscal house in order in washington, d.c., and we are excited about it. >> the mayor of columbia, south carolina, a democrat, and the vice president of the u.s. conference of mayors. gentlemen, thank you for being here. guest: thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> next, we will show you presidential inauguration speeches. in 1981, ronald reagan was nominated as the 40th president. the former california governor won the election against the incumbent, and at issue was the iran contra crisis, whe
under the flag today. so the question is whether the institutions in the way that the government has dominated and if you will corrupted the independence of the institutions will last even if we went to the election if they declare that he dies tomorrow which there is a rumor that they would do that actually going around now, that if he would be declared dead and they called an election within 30 days and the opposition won, meaning the sympathy vote for the candidate which is difficult after what we saw on december 16th and dhaka election we just talked about, chavez has 20 of 23 governors. 11 of the governors that were run by the chavez party are former military officials, including four ministers of defense, who are now governors of their respective states. several of them are all along the office of the control campaign list because of their work with the farc so we have a situation where people are in control of things, so that even if henry embrey de four e elected president in this election it's the opposite -- he's the head of the opposition who ran against chavez and got a 4
. they are the branch of government to preserve this form of government. there is something very reassuring about this notion that every four years, whether it is your candidate or your opponent, they will be gone after a certain length of time, and that is the celebration of the in and out of the presidency that makes it so important. we can date our collection to these brass buttons that were made for george washington's first inauguration in new york city. they are a simple brass disk, often with the letters g w on them, and you could pin it to your close or sell it on. it demonstrates the relationship between the presidency and the citizenry, which is really the key, and really when inaugurations are part of. there are these wonderful smash- ups -- part coronation, part celebration of american democracy. that relationship is really key. they are also celebrations of national unity, and there is a little bit of partisan gloating. one of our great treasures is this flag from thomas jefferson's first inauguration in 1800. you can see, looking at this banner, what it says -- the eagle holds these
." this inauguration ceremony marks a new beginning, a new dedication within our government, and a new spirit among us all. a president may sense and proclaim that new spirit, but only a people can provide it. two centuries ago, our nation's birth was a milestone in the long quest for freedom. but the bold and brilliant dream which excited the founders of this nation still awaits its consummation. i have no new dream to set forth today, but rather urge a fresh faith in the old dream. ours was the first society openly to define itself in terms of both spirituality and human liberty. it is that unique self-definition which has given us an exceptional appeal, but it also imposes on us a special obligation to take on those moral duties which, when assumed, seem invariably to be in our own best interests. you have given me a great responsibility--to stay close to you, to be worthy of you, and to exemplify what you are. let us create together a new national spirit of unity and trust. your strength can compensate for my weakness, and your wisdom can help to minimize my mistakes. let us learn together and lau
changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was surprised. >> they owe you money. sue them. stuart: dagen and, oh, it is yours. dagen: on american. connell: i love peanut butter, myself. good morning, everybody. dagen: what will the president do to get america back to work. connell: president obama was unable to talk these guys. more importantly, can we keep this up? dagen: a key to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing mu
on the government's role during the country's worst financial crisis since the depression. her book is "bull by the horns." sunday night at eight on c-span's q&a. >> next comic kansas governor sam brownback delivers his third state of the state address. in his remarks before the joint session of the house and senate, he gave his plans for balancing the state budget which faces a projected shortfall of $267 million for the fiscal year beginning july 1. this event in topeka is 25 minutes. >> good evening. mr. speaker, madam president, -- [applause] you jumped my laundry now going to have to repeat. you will have to do that again, i hope. i was just looking at her thinking there's a lot of new faces here. welcome. good to have you in the legislature. it's going to be a great you and they do have before i get started one quick big announcement. next year at this time the capital renovation will be complete. [cheers and applause] finished. that's been about a decade in coming, but it does look beautiful. legislators, justices of the kansas supreme court, lieutenant governor jeff colyer and member
for by the government. once the president leaves and heads to the white house, his committee has got to pay for everything. the paper all things related -- they pay for all things related to the balls. raising the funds for private sources to underwrite what is going on. ronald reagan gets a lot credit for moving the inauguration when he did not move the inauguration. he moved the inauguration of four years later. that was in 1985. it was below 7 degrees. it was a bitter cold day in washington. the reagan white house the night before looking at the weather forecast thought it was cruel and unusual punishment to make people outside in this weather. they call the chairman of the rules committee and the inaugural committee and said, we think it should be moved aside to the rotunda. being part of a joint committee, he thought the best thing was to call tip o'neill. it was finally tracked down in a bar where he was watching a basketball game kindre. said, it is his inauguration he should have it where he wants it. congress cooperated and move it aside. -- moved it inside. most people saw it on t
and the government programs and medicare and we are going to have to go back and do this every couple of years but we have to study what works and put more of the policies that are working in place. we have to deal with our other entitlement. it's a contentious issue in this country. it's always a political tough battle. but the longer we wait to make the changes for the people the difference of the programs there is no question about that and we have to go forward with tax reform which is great when you talk about it broadly we all know the tax code is a disaster and none of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise revenue, that is a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things when you talk about the specifics and the fact we need to deal with the mortgage deduction for state and local taxation then capping the discretionary you don't have to talk about a single specific policy. taxing the 1% is easy even if you are the 1% its current take more of that to fix the pr
straight quarters of slow growth. >>> the british government says there's no indication that the hostage crisis is over in algeria as the reports emerge that doesz may have been killed in a rescue operation. >>> investors are unnerved by big spending plans in 2013. plus, glencore pushes back its mega merger by weeks as the regulatory commission begin necessary south africa. >>> welcome to the program. i want to bring you some breaking news in terms of energy prices. the iea is out with its latest 2013 oil report. it expects u.s. oil demand to remain flat on the year. but the headline here does appear that the market, according to the iea language here, is tighter than we thought. all of a sudden, the market looks tighter than we thought. that's the main message we're getting from the organization. it says the world forecast to consume about 90.8 million barrels per day in 2013, up by about a quarter of a million since december. despite seeing the u.s. slight to even negative, seen as driving increase in demand and global supplies felly 170,000 barrels per day in december to 192 million.
lowered their expectations -- there's always debate about what the proper role of government ought to be. i suspect it will have more of that in the coming days about what the proper role government should be -- what are our expectations? are they too low? some of my friends on the right will see the opposite -- the expectations of government are too high. talk to me about expectations -- what do we have a right to the world? >> i think it is important what they were saying about what should be done -- it is not theory, it is actually being done in countries around the world with demonstrated, proven results. every child in many countries in europe start out with that preschool. the results are that unlike this country, there is not hereditary poverty. it is proven -- this is not a theory. what you are saying about the health system is completely proven. our health system costs an extra $750 billion a year for exactly the same services that you would get in other countries. at the institute of medicine issued a report that the waste and fraud that comes from this for-profit system is 5%
have change being a grassroots entity but it has to have a component of the state and government to help foster it, and the line that really stuck out to me was these truths can be self-evident but they're not self-executing. what he made was a case for why there is an important role for the government to play to basically protect our rights but also to advance us as a society whether it's on climate change, immigration reform, bank regulations, and so on down the list. it was a progressive case but it wasn't necessarily the big government case. >> let's talk about some examples. i think you know them. the right wing ideas of rights is leave me alone, i got enough guns here in this house to hold you off for a couple days anyway if the government comes in with helicopters. progressives' idea of rights is couple young people would like to go to the university of mississippi tp it took the federal troops to go in there to get them in the door. a governor named george wallace tried to stop people at the door at the university of alabama, they had to be pushed aside. that's an aggress
are moving forward. they're diversified. it would be nice to see stated and local governments address the pension plans the way they did. >> absolutely. we'll check in with you later. >>> it's a big week for the defense industry as well, lockheed martin and northrup grumman report this week. jane is here for a preview. >> reporter: across the board for pretty much defense company, analysts are expecting a drop in earnings year over year, but jason gersky says don't expected to see a fiscal cliff impact. >> on the contrary, there's an opportunity for rates to out-perform expectations. that's because the d.o.d. was trying to get as many contracts done in the fourth quarter in anticipation of sequester potentially being implemented in early january. >> he and others expect flat demand from the defense department, but international growth looks good, international sales have higher margins. gursky likes lockheed martin and ratheon for their patriot systems which could be big in any iran/israel conflict. and he expects these companies to have 8% to 12% returns. will that continue? one othe
the democratic loaf. we recognize we have to have a suspicion of government. this is why i resonate with my conservative brothers. martin luther king jr. was under fbi surveillance until the day he died. government can be oppressive, vicious, ugly, violate your rights, generate propaganda. we need that, too. government can be affirmative, if they are helping poor and working people. government can help use its power for elites. when they come together with no accountability whatsoever, not just politically, but economically. let me say this. martin luther king jr. today could be taken to jail without due process or judicial process under the national defense authorization act because he had a connection with a freedom fighter, nelson mandela. he just got off the terrorist list in 2008. he had a relation to a terrorist. under the present administration, and you can take americans to jail without due process. the black freedom movement has always been suspicious of it. we have black prisoners in their precisely because they were willing to tell the truth that was a threat and we do not talk a
-business customers and others who do not know what their tax rates are going to be or what areas the government may cut back on spending. it is a difficult position for people to wait in. even if they are seen profitability and growth in their business, they are trying to get by with what they haven't been rather than commit to -- with what a house rather than commit to new investments. >> you know how much of a world of participation rate is going to play in unemployment going forward? we have seen a sort of stabilization. will it hit the bottom? and have all of the we're factors played out and now it is just demographics? >> one dindane -- one thing that surprised everybody and one of the reasons we have had a lot of progress on the unemployment rate is past years we have not seen a lot of people re-enter the labour force. participation rates have been pretty much trending down. there is some stabilization that we are seeing now and some are speculating that we might see a little more reentry, but there are varying opinions on that. some on the committee are expecting a lot of people to re- enter
-long debates about the role of government for all time but it does require us to act in our time. (applause) for now decisions are upon us and we cannot afford delay. we cannot mistake absolutism for principle or substitute spectacle for politics or treat name calling as reasoned debate. we must act knowing that our work will be imperfect. (applause) let us of us now embrace with solemn duty an awesome joy what is our lasting birth right with common effort and common purpose with passion and dedication let us answer the call of history and carnto anncertain future that precious light of freedom. >> rose: joining me now from washington, d.c. al hunt of bloomberg, jodi kantor of the "new york times," john dickerson of "slate" and cbs news. here in new york, mark halperin of "time" magazine. al, let me start with you. before we talk about the speech, just talk about the ambience of this inauguration. >> these are wonderful weekends. this is a long weekend. whether it's republican or democrat people who come are in a great mood of celebration, they're walking the streets. i love inaugural weeke
this government. we've got to stop lurching from crisis to crisis to crisis, when there's this clear path ahead of us that simply requires some discipline, some responsibility and some compromise. that's where we need to go. that's how this needs to work. major garrett. >> thank you, mr. president. as you well know, sir, finding votes for the debt ceiling can sometimes be complicated. you, yourself, as a member of the senate, voted against a debt ceiling increase. and in previous aspects of american history -- president reagan in 1985, president george herbert walker bush in 1990, president clinton in 1997 -- all signed deficit reduction deals that were contingent upon or in the context of raising the debt ceiling. you, yourself, four times have done that. three times, those were related to deficit reduction or budget maneuvers. what chuck and i and i think many people are curious about is this new, adamant desire on your part not to negotiate, when that seems to conflict with the entire history in the modern era of american presidents and the debt ceiling, and your own history on the debt ceil
a volley and government. the democrats typically say, well, government can do this or can't do that ask so it's really a series of arguments over the role of government and the second thing i'm curious to know about is how tough they were in a pretty partisan atmosphere. he has gotten tougher over the past couple of years with the opposition. how feist you he is he during the speech. >> things people have picked up in this run up to this inauguration is that the president four years ago in his speech came tout and he actually made a comment about how he was going to to bring an end to the petty grievances and false promises in washington. now four years later was that a false promise? >> yes. i mean, the president, i think, understandably confident and an historic election and all of that perhaps overstated what could be done. this is one place where he seen having come fiercely short and it's in bringing that sense to washington of bipartisanship and of working together and overcoming partisanship and his defenders and supporters will say oh, the republicans have been intransient and smal
, it was very different from the way he, you know, governed for the last four years or attempted to govern. he came at it from sort of a centrist, pragmatist approach, and it didn't work out so well for him a lot of the times. he faced a congress in republican hands for the last two years in the house that did not, you know, accept his agenda or pass it through the way he would like it. so i think he learned from this election, gave him the confidence to say the election delivered a mandate for my vision of government, my vision of politics, one that involves gay rights, immigration, climate change, an issue that he hasn't really spoken of since his attempts to deal with it in 2009, fell short. so this was really a different president coming out, using the election as a turning point for his agenda and really making clear that that cautious pragmatist of the last four years, that often came out, is going to give way to someone who is unabashedly starting negotiations from a more progressive liberal standpoint than he was willing to do in the recent past. >> not surprisingly, there's been some
johnson readily be barry goldwater and richard nixon overwhelming george mcgovern. in each of those elections, one of the candidates failed to capture the spirit of the american voting public. and the winner had the advantage of the weak opponent. franklin roosevelt won his second term, landslide, because of his huge popularity. however, in many more presidential elections, the candidates are in a heated battle to present themselves as the one best capable of serving the country with the winner walking off with the modest majority. it is a customary wisdom that the campaign between the incumbent president and his opponent will be either a referendum on the first term of the president, or a judgment of which candidate will be the better leader. is there really a difference between these two considerations? does not boil down to judging the leadership skill of the incumbent based on his effectiveness during his first term, versus the unknown leadership skills of the challenger? it's easy to point to the national security, or the economic consequences, or consequent impact on the ratin
that we do what we can as a federal and as state governments to protect our citizens is primary. >> schieffer: you're going to have a pretty important job coming up here shortly once john kerry is confirmed as secretary of state. every indication is that he will be. you're going to have to appoint somebody to replace him. >> i've heard that, (laughs) >> pelley: give us a clue. >> no clues today other than it will be somebody who is aligned with the president's ageneral the, will be a good partner to the president and the majority leader, which is important. i always remind our citizens back theme the main event is not the interim appointee, it's the election of a new senator in the special election. that's what we need to focus on. >> schieffer: i take it will be a democrat? >> it will be a democrat. the. >> pelley: governor patrick, thank you for joining us. we have in the capitol rotunda a very special guest today, valerie jarrett, senior advisor to the president and i day air is the person in washington who has known the president and first lady longest, being a long-time fri
, there are international governing bodies or international authorities that said over them and the efforts are attempting to expand the population of countries that participate. generally, we see participation of more countries. host: looking at fourth graders, we see reading and math skills has improved and science has improvedun changed. guest: this particular grab it does not show everything. if we look across the entire distribution, we still lowest performing u.s. students with scores that have improved over time. there is a story of improvement among the subjects. this is something we also see in our national assessments. in the u.s., we have seen in mathematics and elsewhere, improvements for our younger students. host:tom lovelss, when you see these numbers, what does it tell you? guest: they bounce around from administration to administration. i think it is wise to take a longer view. i like to look at scores over a longer period of time like a decade or more. if you go back to 1995 and look at the fourth and eighth grade, the u.s. has made steady progress. i am encouraged by these scores. host:
, the government made me do it theme. the staffing companies are in flago right now. and i think they'll stay that way for the rest of the year. the reasons? some has to do with anticipation of the obama health care act, which i'll talk about this in a minute. they are ultrasensitive to changes in the labor market. temporary employment is more cyclical than regular labor market. temps are the first to get fired in a downturn and the first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. ♪ hallelujah just today we saw the jobless claims drop to the lowest level in five years. >> house of pleasure. >> plus, while full-time employment was only up 1.4% in 2012, the total number of temporary employees increased by 6.2. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time w
with the perennial conflict between the executive and legislative branches of government. most presidents will extend their exclusive hands of authority to the utmost, congress on the other hand generally seeks to limit, the president's freedom of action. is understood, however, time to time setting such limit may be needed. fourth, the president of servers embrace. of invincibility, of hubris which icons the president to lose touch with political realities. five, the president must exercise influence over and effectively communicate with the nations whose able to communicate persuasively. six, the majority of american people must believe in the president's integrity and sustain a substantial level of pride and the president throughout the eight years in office, despite specific shortcomings he must have strengthened the nation on alan by his actions. the president must lead a legacy for the nation. the list of those failed in their second term includes george washington, james madison, andrew jackson, theodore roosevelt, dwight eisenhower, ronald reagan and bill clinton. the game is a special case i
reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jon: now crime headlines we are keeping an eye on. take a look at this man speaking out now, describing who i found a soaking wet five-year-old shivering on a playground in philadelphia. he didn't know there was an amber alert a out for the girl. they are looking for the person who took her on monday. a voice mail left on a phone hours after he was brutally murdered. prosecutors say the woman was trying to cover her tracks. she said she killed him in self-defense. badly manning wabad bradley manning washington arrested for leaking hundreds of thousands of classified documents to wikileaks. jenna: a lot of new information in the lance amstrong doping scandal. he reportedly told oprah he did this all to win. the interview to air tomorrow. we'll see all the specifics then. lance amstr
cut spending. if that means shut down the government, shut down the government. >> i think in williamsburg we saw one possibility, which was paul ryan and others within the republican party saying to the caucus, we can't win this fight publicly. let the debt ceiling go because we're going to be blamed for the economic fallout. let's push that down the road kick the can down the road, as they say, and try to get some budget out of the senate and try to get some real spending cuts in the next three months. so paul ryan and others within the caucus are seeing a longer game here than is this freshman senator from texas. >> but if you ask paul ryan what he wants to do on gun control, he would say, i don't want to do anything on gun control. you've talked to moderate republicans -- >> what about registration? >> the only thing they might do is something on registration. >> background checks. >> that's it. no idea that you're banning weapons. no chance. >> registration is the worst. >> put it on tape. 5 0% chance it passes. >> good because hunters need 30 bullets
government budget balancing is hurting employment and will probably lead to more job losses in the near future. >> all right. let's take a look at the markets this morning. markets have been sitting at these record levels. you can see right now those dow futures pulling down by about 12 points. s&p futures are indicated slightly lower, as well. but the nasdaq is indicated higher. the dow jones transport sitting at an all-time high. other markets sitting at five-year highs. the big question is whether the dow jones industrial average follows suit. you're a huge transport. >> yeah, i am. that's all all-time highs. >> all-time high. oil prices, you can take a look. you'll see right now is down by about 2 cents to 95.54. the ten-year note that had been coming down the yields last week a little bit, you can see the yield right now is at 1.877%. the dollar this morning after the euro picked up strength last week, the dollar is stronger against the euro and the yen and the pound. right now, dollar/yen is at 88.79. gold prices this morning up about $5.80. $1,6933. >>> german chancellor angela m
by the demonstrations in birmingham, which revealed the police dogs dogs and the fire h. suddenly the government had to act. the first great accomplishment of lynn johnson son, that not much attention is given to, is the magnificent way he assumed the presidency. this was a nation in crisis. we had a cold war going on. in which the -- there was huge fear of russian missiles heading our way. our president had been killed. we didn't know whether it was the russians who had kill him or castro or -- it was great, great uncertainty. and johnson came to that job, reassured the nation, took the reins of government, and during that first year, he was president, passed the historic 1964 civil rights act, which outlawed official segregation in the south, made employment discrimination a crime. it was a very, very -- probably the most important advance since lincoln signed the emancipation proclaimation, and during that year, if johnson was mr. inside, and some outside, because he gave some inspirational speeches -- king kept the pressure on. whenever he thought that the congress was going to falter, that they
. reinvigorating a mature nation means giving government to give people the tools to compete but then opening up a wide field so they do so ruak cowsly creatively. it means spending more here but de regulating more there. it means facing the fact we do have to choose between current benefits to seniors and investments in our future, and that to pretend we don't face that choice as obama did is effectively to sacrifice the future to the past. >> jonathan, first, what do you think of this speech and secondly, what do you think of david's column? >> i thought the president's speech was terrific, a progressive vision for the country. the guy won twice and ran on all the things he talked about yesterday, inclusion, balanced approach to the nation's problems. when it comes to david brooks' column, as mika was reading, i was thinking, how is that different from what the president actually said? i mean, he's talking about how, you know, what he wants to do is what he's been saying all along, a balanced approach. we have to take care of our seniors and take care of the middle class. we have to take care
: flood insurance rates are set by the government and based on a variety of factors including the size, age and design of your home. but the biggest factors are by far location and the property's risk of actual flooding. that's determined by the government's flood maps, surveys conducted on an ongoing basis to determine an area's flood risk. according to the latest maps, johnson's home is in a high risk area. >> the mapping is the key to the rates. >> reporter: insurance expert and consumer advocate achemy boch says more and more homeowners are complaining that the latest maps don't take into account unique features of their property. >> there's a lot of pushback from property owners. >> reporter: a new law enacted last year is phasing out government subsidies for flood insurance, something homeowners will start noticing when they renew their policies. boch predicts rates could go up 20 to 30% for some this year leaving more homeowners like johnson protected from floods but protesting their rates. now, fema tells us linda was actually undercharged fo
group of people who think this is not an appropriate function of government. i'm not one of those. that's not what this was about today. i want this money to go to the folks in the northeast. the question today was whether or not we thought it was important enough to pay for it now or whether or not we were going to pay for it later and make our children and grandchildren pay for it. that was the discussion. i think it's a fair discussion to have. >> all right. well -- but, is it not fair to also point up that in terms of some of your colleagues, there's some blatant hypocrisy? 67 republicans that voted against the $9 billion package. but 37 of them supported emergency aid following disasters in their own states. and you're one of them. the fact is, congressman, you actually received help from a disaster relief program. in 2011 you testified on a committee of small businesses and here's what you said. you said i've actually participated in disaster assistance relief. i showed up six months after i started my business one morning to find my office furniture floating in the front yard. we
and renewal this time around, but is the government broken? the whole system. and what can we do to fix it? people want washington and its politicians to work together. the politicians as yet have not been a i believe to figure out how to do that. but, you know, inaugural speeches can sometimes change the mood. you heard fdr, the only thing we have to fear. i remember when gerald ford said our long national nightmare is over. jack kennedy, ask not what you can do for your country. difference in how the nation feels about itself and about what's going on. i would say this. if there was a time when this country needed to hear a good speech and wanted to hear a good one, i think this would be the time. so let's hope we get a good one. >> of course, there was lincoln's second inaugural where he talked about the wounds of the nation. we know that the president has been working on this president for weeks and major garrett, our chief white house correspondent, is at the white house this morning with a little bit of insight on what we might hear today. >> well, good morning, scott. those closest
, after much prodding, because i'm afraid one day the government may come after me, and i will need to use my assault weapon on u.s. soldiers that are coming to my house. they don't say it exactly that way, but that's what it always boils down to. and that's -- republicans need to understand that at the end of the day, that's just a losing argument. >> well, it's a slippery slope argument. and the danger for that for the nra essentially by saying any gun control is unacceptable, then it puts itself outside the substantive argument, and that's actually a risky strategy. i actually thought yesterday was an interesting day in american politics. i thought it was a really big, bold, comprehensive proposal by the president which is good because it gives you a narrative. if the problems are that big, you actually need a big proposal to match it. it also gives you some room for compromise. there's a great line in robert caro's latest biography of johnson. they're talking about how big to be on civil rights and one of the so-called wise men goes to johnson and basically said that's not practical. i
. in 1937 as we were coming out of depression, the government tightened fiscal policy, raised taxes and the fed raised rates and created a second downturn. this is what ben bernanke has studied his whole life and this is the mistake he refuses to make. >> jeff, wouldn't that be a mistake? i mean, isn't part of the equation that we're not talking about, demand? yes, there's a lot money out there and it's very cheap right now but the demand for that money is what's keeping the inflation lower right now, isn't it? >> i would tell you, yeah, i mean, the demand i guess is certainly the issue that he's trying to stimulate here, but i just don't know how you stimulate it by continuing to just devalue the united states currency. >> let me stop you there, jeff, because that hasn't happened. >> yes, it has. >> by what measure? >> if you look at the dxy, down 11% since qe started. >> okay. if that was also part -- if you read all. fed's and all of ben bernanke's literature on how to attack deflation and reflate, part of it is gently devaluing the dollar. competitive devaluations going around t
government, how we can create build the goverrment // after 10 days i think we will make &panother meeting in cairooto finish everythiig.''(anchor tag) the syrian uprissng began s peaceful protests but &pturned into a civil war after a brutal governmenttcrackkown. demanddng syrian presideen assad urrenders power. he and his family have ruledd for four ddcades. in new news. 3a poodde-mix puppy gets an extreme makeover... after &pgetting stuck in ""luff mud." muu."that's a gooey, smelly mud... found in parts of souuhhcarolina.take looo at the before iccurr... aad then the after result... when the charleston animal society &pcleened tte dog up.it took about twoohours to do... but it wwsswelllworth the wait.the it's hoping the owners ill it's beenngiven a very appropriate name, "muddy waters." a dolphin in hawaii is rescued... after getting its take a look at this video... divers se a knife... to cut away at thh llne.the group pays it's helped free ooher animals in the past.this dolphin though showed help for itselffetting somee - 3 seees everyone's wearing purrle nowadays.
been killed in u.s. drone strike inside yemen. yemeni government says the attack of four militants but the claim has not been independently verified. the attack comes one day after those of anger of the drone attacks blocked a main road linking the targeted town with the capital. the obama administration meanwhile reportedly has decided to exclude cia drone strikes in pakistan from new legal oversight for targeted killings overseas. the washington post reports counter-terrorism adviser and cia-nominee john brennan has signed off on a plan to exempt the drone attacks in pakistan from a list of operations that would be covered under newly enacted rules. areas covered in the so-called play book include the process for adding names to kill lists, the principles for killing u.s. citizens abroad, and the command chain for authorizing cia or u.s. military strikes outside war zones. the exemption of drone strikes in pakistan would allow the cia to continue carrying them without -- tearing them without a legal framework for a to two years. the hostage standoff in a jury of his ended in the
hostages. the algerian government says there have been casualties it won't confirm how many have been killed, freed or being held. >> we have to prepare our self for possibilities of bad news ahead. >> u.s. secretary of state has algerian prime minister. but the white house would not aelaborate. >> we're in communication wtz algerian government. the president is being updated. ]m terrorists struck wednesday morning, attacking a bus carrying international workers being escorted by police. and the hostages were then moved. the defense secretary says the situation has been chaotic. >> you know intelligence officials believe this man is behind the attacks. also known as mr. marb -- marlboro. he's reportedly made tens of millions in ransom for kidna kidnappings and smugglings. the state department says there is concern other attacks may nbt work autos we want to make sure any of our citizens and companies are reviewing practice ootz state department says it's been in contact with american hostages families. >> a researcher at uc davis injured in a small explosion that took place inside of
and ceo of cheg, dan rosenweig is here. >> we've got breaking news from the federal government. senior economics reporter steve liesman has the story. >> the fed is supposed to release this morning the transcript from 2007. those are the ones where they tell you who said what during meetings. an unusual amount of attention to these, because this is the first response of the federal reserve to the crisis which you remember began in the summer of 2007. what are we going to be looking for? what folks were saying in three emergency meetings. three rate cuts totaling 1%. and of course, there was a big debate, inflation versus response to the financial crisis on august #th. putting out a statement saying the main concern was inflation, three days later the federal reserve said it would provide reserves as necessary to combat the financial crisis. here's why this is going to be historically important. the first declines there in 2007, then what we'll do is overlay inflation on this. you can see what the fed was dealing with at the time. you had rising inflation at the time. at the same time y
fight over obama care. >> the fascism in government doesn't own the means of production but they do control it, and that's what's happening with these reforms. >> i'll talk with jonathan alter about fascism and the founder of whole foods. if we took the already great sentra apart and completely reimagined it? ...with best-in-class combined mpg... and more interior room than corolla and civic? ...and a technology suite with bluetooth, navigation and other handy stuff? yeah, that would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk f
. >>> and another big-time ceo picks another fight over obama care. >> the fascism in government doesn't own the means of production but they do control it, and that's what's happening with these reforms. >> i'll talk with jonathan alter about fascism and the founder of whole foods. if we took the >>> welcome back to "the ed show." thanks for staying with us tonight. and this bizarre story. all-american linebacker manti te'o claims that he is a victim of a heartbreaking hoax. but he's going to have to answer some tough questions in the future if he wants to convince some of the sports fans he's coming clean. the associated press reports that te'o kept the scam going. te'o says he's found out he'd been scammed on december 6th. he talked about the fake girlfriend in two interviews two days later. te'o also gives conflicting dates about the car accident and the time of her death. tonight it's unclear who really got scammed and what this is all about, how it started, who knew about it, and is he a victim or is he a perpetrator. let's bring in tom scocca, who is the managing editor of deadspin.co
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